No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
HR2267 Internet Gambling Regulation Updates
Little that is new surfaces in House Financial Services Committee statements.
Wednesday's House Financial Services Committee hearing on Congressman Barney Frank's HR2267 Internet Gambling Regulation, Consumer Protection and Enforcement Act produced valid points in favour of legalising online gambling in the United States, but little in the way of new opinions not already aired in previous such gatherings.
Committee members heard testimony from representatives of the financial services, tribal and poker communities who spoke in support of regulating Internet gambling, and dyed-in-the-wool opponents like Republican Representative Spencer Bachus warned against addiction and the corruption of youth.
Ed Williams, a director of the Credit Union National Association (CUNA) spoke of the challenges faced by financial services companies who are forced to comply with burdensome and imprecise rules in an attempt to prevent unlawful Internet gambling transactions. Williams testified that H.R. 2267 would promote "…regulatory simplicity while assisting financial institutions compliance with UIGEA."
Lynn Malerba, tribal chairwoman of the Mohegan Tribe discussed the role tribes engaged in the gaming industry play in Internet gaming and praised chairman Frank for the great respect he has shown "…for tribal sovereignty by actively seeking the input of tribes" to ensure their fair treatment under the legislation.
Professional poker player Annie Duke testified about the consumer safeguards and revenue potential under H.R. 2267, maintaining that American poker players "…want to play on sites licensed in the United States, which will provide for even greater consumer protections for the player and yield badly-needed tax revenue for state and federal governments."
Duke represented the views of the million-plus membership of the Poker Players Alliance, and noted that 70 million Americans play poker, saying: "This Committee and this Congress should not tolerate laws that seek to prevent responsible adults from playing a game we find stimulating, challenging and entertaining.
"HR 2267 provides this freedom in a safe and regulated environment and I urge everyone on this Committee to support this common sense policy. However you might feel about gambling on the Internet, I would suggest that gambling with freedom is far more risky," she said.
PPA executive director John Pappas said: "The testimony we heard today underscores the challenges faced by the Federal government due to the unclear definition of what now constitutes unlawful Internet gambling, and the glaring lack of protections for consumers.
"Frankly, our opponents can't offer a consistent argument on this issue. Former U.S. Attorney Michael Fagan wants to go as far as banning Internet gambling outright, and Tom Malkasian of Commerce Casino supports licensing and regulation - just not in a competitive marketplace. It seems that our opponents don't even agree with each other here," he added.
Perhaps the main purpose for the hearing was to re-engage the interest of law makers prior to a move to vote (see following story on a possible mark-up of HR2267 in preparation for a vote).
Internet gambling regulation has been the subject of several previous congressional hearings. Most recently, in May 2010, the House Ways and Means Committee held a hearing to discuss the Internet Gambling Regulation and Tax Enforcement Act of 2010 (H.R. 4976), a companion piece of legislation to the Frank bill introduced by Rep. Jim McDermott that would ensure the collection of license fees and taxes on regulated Internet gambling activities.
According to a tax revenue analysis conducted by the Joint Committee on Taxation, regulated Internet gambling is expected to generate nearly $42 billion in revenue for the federal government over its first 10 years. Estimates suggest that it would also generate as much as $30 billion in new revenues to the states.
Chairman Frank's legislation reinforces the rights of each state to determine whether or not to allow Internet gambling activity for people accessing the Internet within the state and to apply other restrictions on the activity as determined necessary.
Since its introduction in May 2009, a bi-partisan group of 69 co-sponsors has signed onto the legislation. A recent analysis by H2 Gambling Capital predicts that Internet gambling regulation would create up to 32,000 jobs over its first five years.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.